{"id":393,"date":"2023-12-31T14:25:53","date_gmt":"2023-12-31T14:25:53","guid":{"rendered":"https:\/\/theuaeweekly.com\/india-and-uae-make-history-with-rupee-priced-oil-deal-shaping-the-future-of-global-trade-arab-times\/"},"modified":"2023-12-31T14:25:53","modified_gmt":"2023-12-31T14:25:53","slug":"india-and-uae-make-history-with-rupee-priced-oil-deal-shaping-the-future-of-global-trade-arab-times","status":"publish","type":"post","link":"https:\/\/theuaeweekly.com\/en\/india-and-uae-make-history-with-rupee-priced-oil-deal-shaping-the-future-of-global-trade-arab-times\/","title":{"rendered":"India And UAE Make History With Rupee-priced Oil Deal, Shaping The Future Of Global Trade – ARAB TIMES"},"content":{"rendered":"


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A refinery run by the Indian Oil Corporation in Haldia, West Bengal. In the financial year 2022-23, India spent $157.5 billion on importing 232.7 million tonnes of crude oil. \u2014 AFP<\/strong><\/figcaption><\/figure>\n<\/div>\n

NEW DELHI, Dec 27: In a groundbreaking development, India, the UAE\u2019s second-largest trading partner, has initiated its inaugural payment in rupees for the purchase of crude oil from the Emirates. This move signals a potential shift in global trade transactions away from the…<\/p>\n<\/div>\n


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This news has been read 974 times! A refinery run by the Indian Oil Corporation in Haldia, West Bengal. In the financial year 2022-23, India spent $157.5 billion on importing 232.7 million tonnes of crude oil. \u2014 AFP NEW DELHI, Dec 27: In a groundbreaking development, India, the UAE\u2019s second-largest trading partner, has initiated its […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-393","post","type-post","status-publish","format-standard","hentry","category-import-and-export-en"],"_links":{"self":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/posts\/393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/comments?post=393"}],"version-history":[{"count":0,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/posts\/393\/revisions"}],"wp:attachment":[{"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/media?parent=393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/categories?post=393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theuaeweekly.com\/en\/wp-json\/wp\/v2\/tags?post=393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}